UK contributes £10m to Glasgow School of Art, half for Mackintosh restoration

"The people of Glasgow and many people far beyond were horrified when a few weeks ago fire ripped through the Art School, gutting its priceless library.

The UK government has already made a £5m contribution to the Mackintosh Appeal to help ensure that the building is restored to its former glory.

And we are today making an additional £5m contribution to support the School's new Graduate and Research Centre." — UK Chancellor George Osborne
— bbc.com

This past May, a fire destroyed much of the historic Mackintosh library at the Glasgow School of Art, a modern masterpiece by Scottish architect Charles Rennie Mackintosh. Now, as part of an increase in the UK's funding of Glasgow's life sciences, business and arts sectors, the School has the resources to restore Mackintosh.